Bayview Loan Servicing

Blogs, SS Processing

Bayview Loan Servicing As a mortgage servicer Bayview Loan Servicing is considered fairly large. When it comes to processing short sales Bayview requires these cases to be processed the traditional routes. This means the short sale packages are faxed and emailed in....

VA Short Sale

Government SS, SS Processing

VA Short Sale A Veteran Adminstration Short Sale is commonly referred to as a VA short sale. When a borrower purchases a property with a VA loan and they have to complete a short sale it will go through a VA short sale review which is a specific short sale program in...

Ocwen Verbal Authorization

Ocwen, SS Processing

Ocwen Verbal Authorization Mortgage servicers have different guidelines when it comes to having a 3rd party to the loan authorized on a borrowers mortgage account. Some lenders require it to be emailed, faxed, or even notarized and sent in. Some lenders will allow a...

Nationstar Uses Auction.com

Blogs, SS Processing

Nationstar Uses Auction.com   What is Auction.com? Auction.com is an online platform to auction homes used by mortgage servicers, but primarily Nationstar Mortgage Servicing. Nationstar states they at times require to utilize Auction.com during its short sale...

Tenant Purchase Residence As Short Sale?

SS Processing

Can the tenant purchase residence as short sale? This seems to be a common question from homeowners and agents alike when this situation presents itself. The simple answer to “Can the tenant purchase residence as short sale?” is yes they may have the...

Can Felons Short Sale?

Blogs, SS Processing

Can Felons Short Sale? It depends on various factors on if a felon can or can’t participate in a short sale. It primarily depends on the type of felony one is convicted of and what short sale program you may or may not be required to be reviewed for. The Dodd-Frank...